Kyle Kershner

Covid 19 and the Killington Real Estate Market

These last few weeks have been unlike anything we have experienced before. Taking good care of yourself and your loved ones has never been more important, and we sincerely wish you the very best of health and well-being in these difficult and challenging times.

Impact on Real Estate

What impact the coronavirus threat and economic downturn will have on real estate in Killington and the surrounding communities is unknown at this time. We can certainly expect a “pause” of some duration in both buyer and seller activity. Respecting social distancing protocols, many homeowners will restrict showings, buyers may not be able to travel to see properties, and home inspections, appraisals, title searches, bank closings and legal services may all be limited, if not completely unavailable.

Operational Changes

Killington Pico Realty remains committed to serving our customers and clients. For the health and well-being of our customers, clients, staff and agents, we have closed our physical office until further notice, but our agents and staff are working remotely to provide the best service possible under the current conditions. Feel free to contact any of us with questions, comments or concerns. While you may not be able to view properties in person at this time, all Killington Pico Realty listings include professional photography and videography, and you can view our complete inventory online at:

www.killingtonpicorealty.com/our-listings

or you can take a virtual tour of any of our properties on our dedicated YouTube real estate channel:

www.YouTube.com/KillingtonPicoRealty

Our Thanks To You

As always, we appreciate your business and are grateful for your loyalty and support. We are confident that by working together, our economy and our communities will come through this challenge and be stronger than ever.

Stay positive, be well and keep safe.

 

Kyle Kersher

Broker/Owner

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    Killington Real Estate Sales - 2019

    Total Number of Sales in Killington - All Property Types: 184 (up 14% from 161 in 2018)

    Total Single-Family Home Sales in Killington: 34 (down 3% from 35 in 2018) Median Price $424,000 (up 23% from $345,000 in 2018); avg days on market (DOM) 180 vs 181 DOM in 2018

    Total Multi-Family Homes: 6 (up 100% from 3 in 2018)

    Total Full Ownership Condos: 112 (up 15% from 97 in 2018) Median Price $157,500 (up 9% from $145,000 in 2018) avg DOM 52 vs 158 in 2018

    Total Interval Ownership Condos: 21 (down 5% from 22 in 2018) Median Price $40,000 (up 43% from $28,050 in 2018); avg DOM 53 vs 264 in 2018

    Total Land Sales: 9 (up from 3 in 2018) Median Price $95,000 (up from $19,999 in 2018); avg DOM 95

    Total Commercial Sales: 2 (up from 1 in 2018) Median Price $325,000 (down from $1,000,000 in 2018); avg DOM 457 down from 985 in 2018

     

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      Killington Real Estate Sales - 2018

      Total Number of Sales in Killington - All Property Types: 161 (up 7% from 151 in 2017)

      Total Single Family Home Sales in Killington: 35 (up 9% from 32 in 2017) Median Price $345,000 (up 14% from $303,750 in 2017); avg days on market (DOM) 181 vs 243 DOM in 2017

      Total Multi-Family Homes: 3 (up from 2 in 2017)

      Total Full Ownership Condos: 97 (up 15% from 84 in 2017) Median Price $145,000 (up 16% from $124,500 in 2017) avg DOM 158 vs 240 in 2017

      Total Interval Ownership Condos: 22 (down 15% from 26 in 2017) Median Price $28,050 (down 5% from $29,500 in 2017); avg DOM 264 vs 344 in 2017

      Total Land Sales: 3 (down from 5 in 2017) Median Price $19,999 (up from $15,000 in 2017); avg DOM 16

      Total Commercial Sales: 1 (unchanged from 1 in 2017) Median Price $1,000,000 (up from $495,000 in 2017); avg DOM 985